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The Council of State (CoS) approved the start of a $165 million investment plan by Russian businessman Dmitry Rybolovlev on the island of Scorpios off the coat of Lefkas to turn it into a luxurious VIP tourist unit.

Overhaul works on the islet of Skorpios, located off the Ioanian island of Lefkada, have begun preparing the ground for a 160-million-euro exclusive luxury unit to host VIPs.

Anyone that’s ever traveled to Lefkada has been tempted to one of the island’s long established tourist rituals; a boat trip from the small town of Nidri to the small neighbouring islands – Meganissi, Madouri and, most notably, Skorpios.